London-based venture capital firm Episode1 had led a round of seed investment in biometric security platform AimBrain.
The British startup has developed a biometric security layer for any mobile website or application that dynamically tracks individual user behaviour. Using machine learning algorithms, AimBrain’s software detects what people interact with online and learns their behaviour to create a unique biometric signature through touch location, touch pressure and typing speed. The latest funding round totalled £350,000, and AimBrain is already trialling its technology in the financial services industry.
AimBrain’s founder and CEO Andrius Sutas explained: “We are working towards building the market-leading mobile biometric authentication platform. So far the response has been overwhelming – we are in active discussions with many large financial institutions and name-brand enterprise security players. In particular, we have just successfully concluded a pilot for a major UK High Street bank, where actual results significantly exceeded pre-pilot targets. Our goal is to disrupt the biometrics field and make multiple biometric modalities extremely easy to integrate by anyone.”
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